Friday night bank failure: Bank of Lincolnwood in Illinois has become the 37th bank to fail...

|By:, SA News Editor
Friday night bank failure: Bank of Lincolnwood in Illinois has become the 37th bank to fail in 2009. Republic Bank of Chicago in Oak Brook, Ill. will assume all the bank's deposits and will purchase about $162 million in assets. As of May 26, Bank of Lincolnwood had total assets of about $214 million.